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Budget line ( Economics)

📊 Budget Line – Economics (Class 11) In this video, we will learn about the Budget Line, an important concept in microeconomics. The budget line shows all the possible combinations of two goods that a consumer can buy with a given income and given prices. You will understand: ✔ What is a Budget Line ✔ What is Budget Set ✔ Difference between Budget Line and Budget Set ✔ Meaning of full income spent ✔ Slope of Budget Line ✔ Shifts in Budget Line ✔ Real life examples The budget line represents the maximum spending power of a consumer, while the budget set includes all affordable combinations—whether the consumer spends full income or not. This topic is very important for Class 11 Economics and competitive exams. Watch till the end for easy explanation and diagrams. #BudgetLine #EconomicsClass11 #Microeconomics #BudgetSet #ConsumerTheory #EconomicsConcepts #Class11Economics #EconomicsInHindi #EconomicsForBeginners